Current Thing Chaos: Biden Sanctions Collapse, as Ukraine Piles up Losses & Hemorrhages Cash

What was once the Current Thing has become a massive liability.

Europe is staring down the potential for a continental “Dark Winter,” and as each month passes, fewer countries aligned with the Biden Administration seem willing to maintain the appetite for perpetual warfare over who gets to control Ukraine.

This ruling class squabble has devastated the lives of hundreds of millions of ordinary citizens, but that didn’t change the trajectory of the conflict. It was only when the war effort became deeply unpopular did this consensus change. Poll-testing politicians are keenly aware that in both America and Europe, there is no longer a steady support for delegating untold billions in taxpayer funds and rhetorical support to this campaign.

What does this mean for the war in Ukraine? Don’t be surprised for a conclusion to the Russia-Ukraine conflict sooner rather than later.

Two realities that are worth paying attention to moving forward:

Ukraine is losing, and there are no signs that they can turn the tide of the war

After being pushed back from Kiev in the early days of the war, filling the news media and US/EU politicians with large doses of hopium, the Russian military has narrowed its focus on strategically vital and resource rich areas of Eastern Ukraine. In doing so, Moscow has remained dominant on the battlefield, thanks in large part to its ability to overpower Ukrainian forces with its artillery arsenal. The Zelensky led government is losing, and NATO armies don’t want to continue depreciating their own arsenals to assist in the propping up of its failing client.

Ukrainian artillery outnumbered eight to one by Russia- foreign legion https://t.co/PL8C3JFudB pic.twitter.com/4BwWWuXGdU

— Reuters (@Reuters) July 11, 2022

In addition to its continuing battlefield supremacy, Russia now has time on its side, thanks to the booming commodity market and Russia’s many willing energy buyers.

Russia snagged $24 billion in just three months from its energy sales to India and China, report says https://t.co/BXHKYTv6QI

— Markets Insider (@MktsInsider) July 6, 2022

Ukraine is in the polar opposite situation. Kiev is becoming a massive financial liability for the West. Even as Western powers have already allocated over 100 billions dollars in weapons and aid to Ukraine, the Zelensky-led government continues to demand incredible sums to sustain the war effort.

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